Nathanl19

AUDCAD - Are we in 2006?

FX:AUDCAD   澳元/加元
Taking a look on how this pair trades led me to find similar patterns in the past that we may be going through in the charts today.

Market moves labeled from W - Z showing approximately where we stand.

Based off what we see this would be a signal to mainly look for long positions over shorts in the long run.

As we creep into 2024 this gives us a quick bull run into 2025 anticipating future downdraw.
This would put us in a sideways market like shown around the '06 - '09 years.

With this data you can match your research to add confluence in your investment strategy, trade ideas, and much more.

*Not Financial Advice - DYDD*
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